Derek Steven Pilecki Purchases 5,354 Shares of U.S. Global Investors (NASDAQ:GROW) Stock

U.S. Global Investors, Inc. (NASDAQ:GROWGet Free Report) insider Derek Steven Pilecki acquired 5,354 shares of U.S. Global Investors stock in a transaction that occurred on Monday, May 11th. The stock was acquired at an average cost of $2.62 per share, with a total value of $14,027.48. Following the purchase, the insider directly owned 1,071,476 shares of the company’s stock, valued at $2,807,267.12. This represents a 0.50% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Derek Steven Pilecki also recently made the following trade(s):

  • On Thursday, May 28th, Derek Steven Pilecki acquired 1,376 shares of U.S. Global Investors stock. The stock was acquired at an average cost of $2.60 per share, with a total value of $3,577.60.
  • On Thursday, May 21st, Derek Steven Pilecki acquired 23,910 shares of U.S. Global Investors stock. The stock was acquired at an average cost of $2.55 per share, with a total value of $60,970.50.
  • On Wednesday, May 13th, Derek Steven Pilecki acquired 3,601 shares of U.S. Global Investors stock. The stock was acquired at an average cost of $2.55 per share, with a total value of $9,182.55.
  • On Tuesday, May 12th, Derek Steven Pilecki acquired 404 shares of U.S. Global Investors stock. The stock was acquired at an average cost of $2.55 per share, with a total value of $1,030.20.
  • On Friday, May 8th, Derek Steven Pilecki acquired 208 shares of U.S. Global Investors stock. The stock was purchased at an average cost of $2.62 per share, for a total transaction of $544.96.
  • On Thursday, May 7th, Derek Steven Pilecki acquired 2,976 shares of U.S. Global Investors stock. The stock was purchased at an average cost of $2.62 per share, for a total transaction of $7,797.12.
  • On Wednesday, May 6th, Derek Steven Pilecki acquired 259 shares of U.S. Global Investors stock. The stock was purchased at an average cost of $2.61 per share, for a total transaction of $675.99.
  • On Friday, May 1st, Derek Steven Pilecki bought 205 shares of U.S. Global Investors stock. The stock was purchased at an average price of $2.63 per share, with a total value of $539.15.

U.S. Global Investors Stock Up 0.4%

Shares of GROW opened at $2.60 on Thursday. The company has a market cap of $32.25 million, a price-to-earnings ratio of 10.00 and a beta of 0.70. U.S. Global Investors, Inc. has a twelve month low of $2.23 and a twelve month high of $3.65. The company has a 50 day moving average of $2.62 and a two-hundred day moving average of $2.73.

U.S. Global Investors (NASDAQ:GROWGet Free Report) last announced its earnings results on Wednesday, May 13th. The asset manager reported $0.23 earnings per share for the quarter. The company had revenue of $2.76 million during the quarter. U.S. Global Investors had a net margin of 33.29% and a return on equity of 6.92%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “hold (c-)” rating on shares of U.S. Global Investors in a research note on Tuesday. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, U.S. Global Investors currently has an average rating of “Hold”.

Read Our Latest Analysis on U.S. Global Investors

Institutional Trading of U.S. Global Investors

Several large investors have recently bought and sold shares of the stock. Dimensional Fund Advisors LP grew its position in U.S. Global Investors by 9.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 58,700 shares of the asset manager’s stock worth $146,000 after purchasing an additional 5,056 shares during the last quarter. Citadel Advisors LLC grew its position in U.S. Global Investors by 52.1% during the 3rd quarter. Citadel Advisors LLC now owns 43,625 shares of the asset manager’s stock worth $120,000 after purchasing an additional 14,938 shares during the last quarter. Gator Capital Management LLC grew its position in U.S. Global Investors by 2.4% during the 3rd quarter. Gator Capital Management LLC now owns 700,884 shares of the asset manager’s stock worth $1,927,000 after purchasing an additional 16,661 shares during the last quarter. Renaissance Technologies LLC grew its position in U.S. Global Investors by 12.3% during the 1st quarter. Renaissance Technologies LLC now owns 192,715 shares of the asset manager’s stock worth $478,000 after purchasing an additional 21,100 shares during the last quarter. Finally, MAI Capital Management purchased a new stake in U.S. Global Investors during the 3rd quarter worth approximately $102,000. Hedge funds and other institutional investors own 23.62% of the company’s stock.

Trending Headlines about U.S. Global Investors

Here are the key news stories impacting U.S. Global Investors this week:

U.S. Global Investors Company Profile

(Get Free Report)

U.S. Global Investors, Inc is an independent asset management firm that specializes in natural resource and global equity investing. The company focuses on sectors such as precious metals, energy, agriculture and emerging markets, seeking long-term capital appreciation for individual and institutional investors. Its investment strategies are built around thematic, research-driven approaches that aim to capture opportunities across commodity cycles and global economic trends.

The firm offers a range of investment products, including open-end mutual funds, closed-end funds, exchange-traded funds and separately managed accounts.

Read More

Insider Buying and Selling by Quarter for U.S. Global Investors (NASDAQ:GROW)

Receive News & Ratings for U.S. Global Investors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for U.S. Global Investors and related companies with MarketBeat.com's FREE daily email newsletter.